Elza's Mortgage Services

09/17/2025

The Bank of Canada has lowered its overnight rate to 2.5%. This is good news for everyone whose mortgage is due for renewal. Keep in touch, reach out! Find out what is available before signing whatever rate your bank is offering you.

08/01/2025

Here's to a weekend of fun adventures and great memories. I am excited to hear all about it when you return.🛶⛱🏖🏄‍♀️🏊‍♂️🚴‍♀️⛵️🚤🌅🏞🗾🥂🥂🥂

07/30/2025

Lower Your Rate! Reduce Payments! Access Equity! Refinance Smarter Today!
Approval within 24 hours.

01/08/2025

Mortgage Term is ending soon!
You want the best rate, pay off debt, unlock Home Equity, and change mortgage products.
Let’s talk about it! Book an appointment now!

Refinancing your mortgage can be a smart financial move for many reasons, and as your trusted mortgage advisor, I’ve seen how much it can benefit homeowners! Ideally, refinancing is done at the end of your mortgage term to avoid penalties, but the timing can vary depending on your goals. For some,...

09/07/2023

https://www.reuters.com/markets/us/bank-canada-holds-rates-says-further-hikes-possible-2023-09-06/

09/07/2023

https://www.reuters.com/markets/us/bank-canada-holds-rates-says-further-hikes-possible-2023-09-06/

The Bank of Canada (BoC) on Wednesday held its key overnight interest rate at 5%, noting that the economy had entered a period of weaker growth, but said it could raise borrowing costs again should inflationary pressures persist.

09/06/2023

Bank of Canada Holds Rates Steady!!! I hope it's not a tiny break only.
For those whose mortgage is due for renewal, having stability is a primary key for deciding on the mortgage term to choose: short-term ( 2 or 3 Years) at a higher rate or 5Y term at a lower rate.
For those in a similar situation, I can happily run all possible scenarios for you to make an informed decision. Click and book an appointment. I am a phone call away.

03/20/2023

Happy First Day Of Spring🌸🌺💐🌞

03/08/2023

Finally a good news!
Bank of Canada holds key interest rate at 4.5 per cent.

The Bank of Canada maintained its policy rate at 4.5 per cent, following eight consecutive rate hikes since March. The pause was signalled by the central bank in January, in order to assess the full impacts its monetary policy is having on the Canadian economy.

01/25/2023

The Bank of Canada has raised its overnight target rate by 25 basis points, bringing it to 4.50%.

This is the Bank’s eighth consecutive rate hike and was expected by markets.

Looking ahead, the Bank said it "expects to hold the policy rate at its current level while it assesses the impact of the cumulative interest rate increases,” but that it is also “prepared to increase the policy rate further if needed.”

There is a growing consensus that the Bank has now reached—or is nearing—its terminal rate for this rate-hike cycle. Officials from the Bank of Canada have indicated that its future rate decisions will be driven by economic data. The next announcement will take place March 8th.